The covid crisis was an actual event in physical reality not caused by admin policies.
This crisis is the admin taking a sledgehammer to international capitalism. No obvious intervention other than "stop doing that".
I'm sure at some point the fed would have some kind of response but inflation of tariffs is a huge risk and that limits what the fed can do unless they have co-ordination with the admin.
> The covid crisis was an actual event in physical reality not caused by admin policies.
Sortof yeah, but also sortof not. Basically any non-Trump president would have been briefed about Covid in January 2020, and most of the previous ones invested a bunch of resources into making sure that the disease was contained far away from US shores.
Even Bush II would have done that (and did, I believe for SARS).
It's a possibility. SARS II was much harder to contain though. The first SARS actually made it to North American hospitals, but was contained. It didn't spread in the populace.
Once SARS II made it out of China, only globally coordinated net 0 case policies could have stopped it. I think it would have been worth trying for but there was no appetite for it.
> It's a possibility. SARS II was much harder to contain though. The first SARS actually made it to North American hospitals, but was contained. It didn't spread in the populace.
Totally fair, but as I recall he didn't even try to keep it away from US soil (which had always been the CDC approach).
This crisis is the admin taking a sledgehammer to international capitalism. No obvious intervention other than "stop doing that".
I'm sure at some point the fed would have some kind of response but inflation of tariffs is a huge risk and that limits what the fed can do unless they have co-ordination with the admin.